Mathematics, 05.06.2020 00:01 Babycute8279
Using technology, determine the quarterly payment on a 4 year loan of $16,231 at 5.1% compounded quarterly. Round your answer to the nearest cent.
a.
$1,125.69
c.
$1,518.85
b.
$1,127.86
d.
$1,508.31
Please select the best answer from the choices provided
A
B
C
D
Answers: 2
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Using technology, determine the quarterly payment on a 4 year loan of $16,231 at 5.1% compounded qua...
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